MINING.

Star (Christchurch), Volume LXVI, Issue 20542, 18 February 1935, Page 9

MINING.

Reports and Returns From Operations. NEW REGULATIONS. Additions and amendments to the Mining Act, 1926, are contained in the latest Gazette. The additions comprise regulations governing the holding of claim and prospecting licenses, certificates of competency, the timbering of alluvial workings, blocking-out operations, shaft sinking, and the prescribed forms for setting out statements of the affairs of mining companies. The amendments include alterations in the survey and boundary arrangements, the forwarding of statements of affairs, examinations, first aid and general operations. Regulation 28 has been amended by substituting the following: (a) For a special river claim the area shall not exceed 100 acres, and not more than one mile of the course of the stream shall be comprised therein; (b) for a special dredging claim the area shall not exceed 1000 acres, and not more than one mile of the course of a stream shall be comprised therein. Zlectrolytic Zinc. Klectrolytic Zinc Company of Australasia, Limited, advises that the new unit of the zinc plant at Risdon will be put into commission early in March, thus increasing production of zinc from 54,000 tons to 70,000 tons per annum. This unit will continue in operation for approximately twelve months, using accumulated stocks of raw material. Its operation after that period will depend on conditions then existing and more particularly on the prices of zinc, lead and silver being sufficiently high to permit of opening the company's mines on the West Coast of Tasmania for production. Gillespie’s Beach. DUNEDIN, This Day. The Gillespie’s Beach return is 390 z lOdwt for 129| hours. Okarlto. DUNEDIN, This Day. There is no Okarito return. Dredging hours during the week were only 49 on account of a stoppage for overhaul during the early part of the week. Yellow dine Field. LONDON, February 15. The financial editor of the “ Daily Telegraph,” commenting on the cable Issued after ths close of the Stock Exchange. stating that the fourth bore of the Yellowdine Field, between 40 and 88 feet showed values ranging 23dwt to 7oz, points out that the highest values have been met in the upper levels, where rich ore has already been encountered. and that assays below 88 feet are awaited with great interest. Brian Born Dredge. GREYMOUTH, February 17. The Brian Born dredge return for last week was 15oz 2dwt for 110 hours’ work and 13,500 cubic yards. Mosey Creek Dredge. GREYMOUTH, February 17. The Mossy Creek dredge returned 18oz 12dwt from 4000 cubic yards. Operations were restricted by lack of water owing to the drought Golden Dawn Company. The Golden Dawn Company reports that for the twelve working davs ended February 4. 303 tons of ore were treated for a return of £1075, with realisation estimated at £7 2s per gold oz. The mine manager’s report for the fortnight ended February 9 states:— Development.—No. 3 level: Drive north from winze on No. 3 reef extended 8 feet. Reef ? feet wide, assay 3s 3d per ton. Drive north from winze on west wall branch of No. 3 reef. Reef 2 feet wide, assay 3s lOd per ton. Drive north from north end of old stopes on No. 1 reef extended 24 feet. The reef here is still very small, with very little change in country rock. Drive south on west wall branch reef to get under » blow drive in the intermediate level 70 feet above here, driven 12 feet. Reef 10 inches wide, assay £2 17s 6d per ton. Bottom intermediate level: Drive south from south end of Grey’s old stopes on No. 1 reef driven 12 feet. Reef 3 feet wide, assay £5 8s 5d per ton. Drive north on west wall branch reef off drive north on No. 1 reef driven 14 feet Reef 2 feet wide, assay £4 la 9d per ton. Top intermediate level: Crosscut west off drive north on No. 1 reef driven 25 feet. The country rock is still of a good class for carrying reefs, but so far no more reefs have been cut. Drive north on new reef from crosscut west driven 3 feet. Reef 10 Inches wide, assay 30s 2d per ton. Surface level: Crosscut east from western side of Bald spur driven 10 feet. The country rock is-Stlll of a good class, being heavily mineralised. Stoping.—No. 3 level: On No. 3 reef north and south of north winze, reef 2ft 6in wide, £1 18s 9d per ton. On No. 1 reef north and south of winze, reef 15 inches wide, £4 8s 6d per ton. On No. 3 reef, east wall branch south block, reef 2 feet wide, assay £2 10s 3d per ton. Bottom intermediate level: On No. 3 reef, east wall branch south of Daily’s old stopes, reef 2 feet wide. £2 16s 7d per ton. Big Diver Gold Mines, Btd. The Big River report for the week ended February 14 states:— No. 4 South Drive—Advanced 6ft. There is no development of value in this face up to date. Stopes looking well. Stone 6ft wide. Rise 45ft up from floor of level. Full face of stone. No. 4 South Drive—Advanced 7ft. The footwall leader is still in face but has not made wider to any extent. Stope producing good stone and maintaining width going up. Main Shaft—Good progress being made with this work. Battery—Working two shifts per day. DAIRY PRODUCE. The New Zealand Dairy Produce Board has received the following market report from its London office dated February 15:—

Batttr. Feb. Feb. Last 15. 8. year. New Zealand — Salted 88-9(1 89-90 67-70 I nsalted 94-96 94-96 72-74 Deliveries (tons' 2,182 2.927 2,050 In store (tons] 5,325 3.941 6.300 Australian—Salted 88s 8 9s, unsalted 92s-93s. Deliveries Australian 3068 tons (2600) and in store 374E (7550). Argentine—Unsalted f)2s. Danish-—94s f.o.b.. 115s-116s spot. Dutch—Unsalted 103s-1 07s. Lithua salted 98 s. Market quiet. Retail prices un ed. New Zealand lid, Danish Is 2d. Cheeae. Last Feb. 15. Feb. 8. year. New Zealand— s White .... 48J-49J 17J-48 43—43J Coloured . . 481-49 17 -48 46 Deliveries (crates) 20.131 21.274 20.217 In store (crates) 1 8.956 105.876 61,000 Australian—White 47s7s 6d. :olou r - ed 46s 6d-47s. Tanadian—White 60s, coloured 60s-62s. Deliveries—Canadian f.336 boxes (6350) and in store 108,163 boxes (1 64.657). Market steady. New Zealand retail price unchanged 6d. Position of Stocks. The Dairy Board reports that the position of stocks at Februarj’ 1 follows:— Butter. 1935. 1934. 193*. Tons. Tons. Est. stocks in London. private and prov. stores and not discharged . . . 19,700 23,139 27.800 N.Z. stocks loaded 22,700 23,200 23,800 N.Z. stocks afloat 19,219 20,790 1 3,031 41,919 43.990 36,S31 Cheese. Estimated stocks at London. Liverpool ond Bristol:— 1935. 1 934. 1933. N.Z. and Aust. . 10.970 9.800 Canadian .... 5.228 7.526 5.600 16,198 13.662 15,400 N.Z. stocks* loaded 19.000 22,400 N.Z afloat .... 1 4.087 15,284 13.500 33,087 37,684 34.250 Total in sight 49,285 51,246 49,650